A property auction house is expanding its business by offering a range of commercial and mixed-use investment properties.

Newport-based Paul Fosh Auctions has a diverse selection of commercial opportunities in its latest catalogue, reflecting the increasingly varied nature of the lots available from its business.

Paul Fosh said: “We already have a strong reputation for selling residential houses and land throughout Wales and the borders but we’re now adding to that with an equally varied assortment of commercial and mixed use properties.

“The investments on offer at the moment include retail, mixed use and industrial occupiers with tenants ranging from national retailers including Betfred and the Thomas Cook Group to local business operators.

"While others, such as Pierhead Building, in Ystrad Mynach, and Palma Court, in Ross on Wye, have scope to add value through asset management and residential redevelopment. ”

Keri Harding-Jones, the commercial specialist at the auction house, said: “We are very excited to be offering St Martins Row, on Albany Road, Cardiff. It provides a rare opportunity to acquire a prominent corner building in the Roath area of Cardiff.

“The three-storey, terraced property, which has frontage on both Albany Road and City Road, enjoys a current annual rental income of £78,300 with tenants including Albermarle Bond. The property has a guide price of £1,050,000-plus.”

Other properties in next week’s auction include a ground floor commercial building, with four flats above, at 184-186 Corporation Road, Newport. The property, currently operating as a mini market, offers 1,388 sq ft of commercial space and has total annual income, including the flats, of £34,120. The property has a guide price of £340,000-plus.

Further afield is a large, freehold, commercial and residential investment building at 191-195 Penarth Road, Cardiff, offering 2,311 sq ft of retail space on the ground floor with six residential flats above. The total annual rental for the building is currently £63,500 a year. The property has a guide price at auction of £500,000 plus.

Washington Buildings, occupying a corner position at Station Street, Porth, has a large retail unit to the ground floor with two floors of flats above, four on each floor and has a yearly income of £62,700. The property has a guide price of £190,000 plus.

Compton House, Victoria Square, Aberdare, is an office building in the heart of the town. The three storey period building offers a total of 7,441 sq ft of space across the three floors currently returning an annual rental of £37,500 with scope to increase on letting the first floor office suite. The property has a guide price of £275,000-plus.

All of these buildings are included in a catalogue of some seventy properties which go up for sale on Thursday, May 5, at the Paul Fosh Auctions sale at The Park Inn Hotel, Cardiff. The auction starts at 5pm.